 | |
| Frequently Asked Questions |
| | |
| What products does BPI Forex Corporation offer? |
| | |
| Aside from the regular over-the-counter exchange of bank notes and coins, BPI Forex Corporation purchases and sells demand drafts, wire transfers and travellers checks of widely traded currencies. |
| | |
| Does BPI Forex Corporation only deal in US Dollars? |
| | |
BPI Forex Corporation can also transact in other major currencies such as the Australian Dollar, Canadian Dollar, Euro, Japanese Yen, and many other foreign currencies.
To view the complete list of currencies that are accepted, click here. |
| | |
| How do I avail of the services of BPI Forex Corporation? |
| | |
| You may call or visit our main office or any of our forex stations strategically located in the major commercial centers and financial districts in Metro Manila. Our friendly forex officers and tellers would be glad to serve you. You may also avail of our services at any of the BPI and BPI Family Savings Bank branches located around the Philippines. |
| | |
| Are there any restrictions as to the amount I can deal with BPI Forex? |
| | |
Selling: There are no limits to the amount you can sell or convert into pesos.
Buying: For qualified non-trade purposes, you can now buy up to the equivalent of US$30,000 daily without supporting documents other than an Application to Purchase Foreign Exchange. For non-trade requirements in excess of US$30,000 and all trade-related purposes, there are no limits to the amount or frequency of your purchases provided the proper supporting documents are submitted. |
| | |
| Are there any documents required before transacting? |
| | |
| When converting funds to pesos, you need to accomplish an FX slip form. For non-trade purchases of foreign exchange currencies, a duly accomplished application to Purchase Foreign Exchange form shall be required. In both occasions, presentation of 2 Valid IDs is required. For trade purchases, the following requirements should be submitted to BPI Forex Corporation: |
| | |
| • | Certified true copies of supporting documents |
| • | Commercial Invoices |
| • | Shipping Documents |
| • | Duly accomplished and notarized application to Purchase Foreign Exchange form |
| | |